The current PE ratio for Black Hills stock as of Sep 28, 2023 is 13.55. This is calculated based on the current EPS of $3.73 and the stock price of $50.55 per share. The P/E ratio has a decrease of 19% from the past four quarters average of 16.7.
The average historical PE ratio of Black Hills for the last ten years is 29.77. The current PE ratio of 13.55 is 54% below the historical average. Over the past ten years, BKH's PE ratio was at its highest in the Jun 2016 quarter at 242.46, when the stock price was $63.04 and the EPS was $0.26. The lowest value was in the Mar 2018 quarter, when it reached 12.4 with a price of $54.3 and an EPS of $4.38.
Maximum annual increase: 80.56% in 2019
Maximum annual decrease: -58.51% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 17.67 | -6.36% |
| 2021 | 18.87 | 12.05% |
| 2020 | 16.84 | -29.45% |
| 2019 | 23.87 | 80.56% |
| 2018 | 13.22 | -26.76% |
| 2017 | 18.05 | -58.51% |
| 2016 | 43.5 | N/A |
| 2015 | N/A | N/A |
| 2014 | 17.98 | -8.92% |
| 2013 | 19.74 | 27.11% |
BKH's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peers DUK and EXC, BKH's PE ratio stands lower, however it is higher than MDU's. Black Hills is presently trading at a lower PE ratio (13.55) than its peer group average of 17.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MDU Mdu Resources Group Inc | 9.17 | $4B |
| BKH Black Hills Corp | 13.56 | $3.4B |
| NWE Northwestern Corp | 15.93 | $2.88B |
| AVA Avista Corp | 16.46 | $2.46B |
| AEE Ameren Corp | 17.43 | $19.65B |
| EXC Exelon Corp | 17.77 | $37.5B |
| XEL Xcel Energy Inc | 18.07 | $31.59B |
| LNT Alliant Energy Corp | 18.45 | $12.17B |
| CMS Cms Energy Corp | 21.28 | $15.52B |
| CNP Centerpoint Energy Inc | 23.07 | $16.89B |
| DUK Duke Energy CORP | 53.53 | $67.66B |
BKH's price to earnings ratio is 13.55 as of Sep 28, 2023.
As an average over the last 3 years, BKH stock has a PE ratio of 17.17.
As an average over the last 5 years, BKH stock has a PE ratio of 17.77.
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 242.46.
The current price to earnings ratio of BKH is 54% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Black Hills's stock price is $50.55. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.73. Therefore, Black Hills's P/E ratio for today is 13.55. PE RATIO(13.55) = STOCK PRICE($50.55) / TTM EPS($3.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.